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The Folly of Peer Groups

Jeff For Banks

But because financial information on competitors is so readily available in banking (we must report to the FDIC our quarterly results and it is available to all), we become over-reliant on them. See below for a snapshot from an Umpqua Bank of Portland, Oregon UBPR. Suppose a bank has a significant wealth management division.

Groups 60
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The Best Checking Accounts in California of 2021

MyBankTracker

Umpqua Bank is a regional bank headquartered in Portland, Oregon. Personal service for account management. Online banks have much lower overhead costs than physical banks because they don’t have to pay all of the maintenance, security, and staffing costs associated with operating a network of physical banks. Umpqua Bank.